Before a sale, mortgage, or lease is made under an order described in section 501B.51, the trustee or receiver shall enter into an agreement for the sale, mortgage, or lease, subject to the approval of the court, and must report the agreement to the court under oath. At least 15 days before the hearing on the confirmation of the agreement, the trustee or receiver shall mail a copy of the agreement to each interested party to whom mailed notice was given under section 501B.49 and to any interested party who did not receive notice but appeared at the hearing on the petition.
1989 c 340 art 1 s 44
Structure Minnesota Statutes
Chapters 500 - 515B — Property And Property Interests
Chapter 501B — Charitable Trusts
Section 501B.31 — Charitable Trusts.
Section 501B.32 — Private Foundations; Charitable Trusts; Split-interest Trusts.
Section 501B.34 — Charitable Trusts; Supervision By Attorney General.
Section 501B.35 — Definitions.
Section 501B.36 — Registration And Reporting.
Section 501B.37 — Register Of Trusts And Trustees.
Section 501B.38 — Information Filing.
Section 501B.39 — Public Inspection Of Records.
Section 501B.41 — Breach Of Trust; Proceedings To Secure Compliance.
Section 501B.42 — Contrary Provisions Of Instrument Invalid.
Section 501B.43 — Cost Of Investigations And Proceedings; Registration And Filing Fees.
Section 501B.44 — Immunity Of Charitable Trusts.
Section 501B.45 — Sale Of Banks Owned By Charitable Trusts.
Section 501B.46 — Petition For Court Order To Sell, Mortgage, Or Lease Real Property Held In Trust.
Section 501B.48 — When Petition May Be Granted.
Section 501B.49 — Notice Of Hearing.
Section 501B.51 — Order Upon Petition; Execution Of Transaction.
Section 501B.52 — Report Of Agreement For Confirmation.
Section 501B.53 — Order Of Confirmation; Contents And Subsequent Procedures; Distribution Of Assets.
Section 501B.54 — Legal Effect Of Deed, Mortgage, Or Lease Made Under Section 501b.53.